House for sale

624 Cowaramup Bay Road,

Cowaramup, WA

8 2 4
$2,295,000

HIGHLY DESIRABLE RURAL LOCATION

This blue chip rural property ticks a lot of boxes from lifestyle and tourism, to long term land bank. Extremely well located right in the heart of the Margaret River Wine Region, just four minutes to the beach at Gracetown and 3 hours' easy drive south of Perth.

An impressive 52ha (128 acres) with a number of soak dams and two water courses creating an outstanding topography, not normally associated with land this close to the beach. Featuring dual road frontage to both Caves Road and Cowaramup Bay Road, a couple of dwellings with sheds, a mix of bushland and pastures, established water resources and you have all the attributes for a fantastic lifestyle property or high profile showpiece tourist destination, or both.

This is a one off opportunity to invest in a solid land bank right in the heart of the Margaret River Wine Region with the likes of Cullen's Winery and Restaurant, Vasse Felix and Howard Park, just minutes up the road and directly opposite the well regarded Organic Olive Grove and casual restaurant of Olio Bello.

Strategically located within the golden tourist triangle of Margaret River, Lot 4088 has plenty of potential, limited only by your vision and could include accommodation style development, retail outlet and associated production, cellar door with restaurant and the like (subject to Council Approval).

The topography on offer at the intersection of Caves Road and Cowaramup Bay Road is simply outstanding. The undulating landscape offers a number of elevations with distant rural vistas to the Ellen Brook Ridge on the coast and has the potential to be a landmark location in the Margaret River Region.

With dual road frontage, the two dwellings are accessed independently and are very private from each other. The main five bedroom residence on Caves Road is quintessential Margaret River, with handmade mud bricks, highlighted with timber and granite features throughout. The second dwelling is a modest stone cottage of three bedrooms and enjoys a quiet location off Cowaramup Bay Road with a dam and main creek line environs running right out front.

If you have been on the lookout for a quality lifestyle or commercial investment, they don't come much more attractive than this sizeable land holding, well located close to the coast in the main tourist hub of Margaret River.

For more information or to organise a private viewing contact your Margaret River Property Specialist, David Cross on 0439 496 926.
Last updated: 08:35PM on Dec 1st 2017
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